TrueLife - Chachi: Inside the Mind of a Corporate CEO — Power, Strategy & Leadership Unfiltered

Episode Date: June 26, 2020

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Starting point is 00:00:01 Darkness struck, a gut-punched theft, Sun ripped away, her health bereft. I roar at the void. This ain't just fate, a cosmic scam I spit my hate. The games rigged tight, shadows deal, blood on their hands, I'll never kneel. Yet in the rage, a crack ignites, occulted sparks cut through the nights. The scars my key, hermetic and stark. To see, to rise, I hunt in the dark, fumbling, fear, through ruins maze, lights my war cry, born from the blaze.
Starting point is 00:00:49 The poem is Angels with Rifles, the track, I Am Sorrow, I Am Lust by Codex Seraphini. Check out the entire song at the end of the cast. Aloha everybody. Welcome to Friday. Welcome to the next day of your life. You ever think about that, you wake up and you're like, and you're like, wow, today is the next day in my life. I do sometimes.
Starting point is 00:01:20 And as soon as I started thinking about that, I kind of get triggered into thinking like, you know what? I can make this a great day or I can make this a sad day or I can make this day be whatever I want it to be. And so that's kind of one of my morning rituals, actually. Anyways, I'm kind of birdwalking here a little bit. I was thinking today about the state
Starting point is 00:01:45 of our world, the state of the economy, the state of the nation's mindset. And it, I began thinking about writing a letter to my dear friend corporate America. And as I was mentally composing the letter in my head, I envision myself, you know, I kind of just envisioned corporate America. Like if it was one person, if you could just take the whole conglomerate, the whole enchilada, and just pretend it's one person. And then you could have a conversation with that person. What would you tell them? If you could have them step into your office for an hour meeting and you could talk to the whole lot, all the CEOs, all the board of directors.
Starting point is 00:02:42 And you could try to pick their brain for them in it. And, you know, no holds, barred, cage match style, debate, or, you know, whatever, whatever you wanted the meeting to be, that's how the meeting could go. And so as I tell you my interview with corporate America, I want you to think about how your interview with corporate America would go. Mine would go something like this. Hey, Chachi, come on into my office, buddy. Come on in.
Starting point is 00:03:21 It's nice to see you. Hey, shit. Go ahead. shut the door. There's some crumb cake in the back if you want some crumb cake. Why don't you have a little slice? For some coffee. Because we're going to, I got some questions for you.
Starting point is 00:03:33 And first of all, thanks for being here, Chachi. In case you haven't noticed, things are pretty messed up. They're pretty messed up. And there's a lot of people that are blaming you, Chach. I know, I get it, I get it. They don't understand you. They just don't understand you. understand you. I know. I know. We're going to get there. Just let me go ahead and finish. And then
Starting point is 00:03:59 you can say what you have to say. You're probably thinking to yourself right now, well, all these people complaining are a bunch of babies. They don't understand how hard you worked and all the sacrifice you've put in, how many ruined marriages you've had, how much your kids don't like you. They don't understand that. They don't understand that production is the holy grail of profit, right? They don't have the ability to look down from a bird's eye view on top of the organization and understand that people are no more than interchangeable parts. And that because of people like BF Skinner and all these behaviors, we can motivate these people into being more productive. And by motivate, I mean, we can use some social science to fire up parts.
Starting point is 00:04:55 to their brain that make them angry, but more productive. In fact, we can use some of these same strategies that governments and countries use in war. You know, we could even, we could even use some of the same policies that were used in internment camps. I mean, those people were productive. We didn't pay them a dime. Look at you smiling, Chachi. You see, you see, I get you.
Starting point is 00:05:27 buddy, that's what you're thinking. I know. You know what else the people on the bottom don't get to see? They don't get to see how awesome it is to live out on your big yacht, go hang out with your helicopter rides and your exotic Scandinavian women or maybe your South American women. They don't, the people on the bottom don't understand how awesome that feels for you. You know, it reminds me of a story, Chachi. There was this businessman. My wife told me this story. Actually, and her dad told her
Starting point is 00:06:06 this story. So this Chinese businessman, he's a billionaire. And he is deciding where to park his billions of dollars. And he has no shortage of people
Starting point is 00:06:24 wanting his billions of dollars. So he's flown out to New York on this Gulfstream 5. And there he has like three meetings scheduled with three different hedge fund managers. And he goes to the first one and of course they set up a nice dinner for him. You know, way it's a really nice restaurant. And then he goes to another one.
Starting point is 00:06:54 And the same thing. You know, they're trying to show him how extravagance. and how prestigious they are and how much of a luxury it would be for him to be affiliated with them. However, he passes on the first two and he goes to the third one, the most prestigious hedge fund out there. And the first night, he has a series of meetings scheduled with this final premier hedge fund. And the first night, he meets with one of the vice presidents way out on this guy's the vice president has this beautiful yacht and so the
Starting point is 00:07:43 Chinese billionaire and the vice president go out to the yacht and they're having a nice bottle of 150 year old scotch and they're sipping it and talking about investment strategies and they finish their, you know, their early
Starting point is 00:08:01 dinner and then they get picked up by like the president of the company who lands his helicopter on the vice president's yacht and they fly over to the president's president's penthouse on the skyland of New York. And they have an evening, you know, a couple more hours there where more conversation has had about investment strategies and trips to San Josepay and the mindset of a billionaires.
Starting point is 00:08:34 All the while, the Chinese billionaire is being whined and dined. Towards the end of the evening, they meet with the board of directors and CEOs on the CEO's yacht. and this thing looks like it looks like Larry Ellison's yacht Have you guys ever seen that thing? I've seen it because I live in Hawaii and sometimes that guy will park his yacht
Starting point is 00:08:56 where the cruise ships go I want you to think about that for a minute this guy has a boat that's as big as a cruise ship it might even be built like on an aircraft carrier frame it's gargantuan you're like that's one person's boat
Starting point is 00:09:13 that's one person's yacht Anyways So Towards the end of the night The Chinese billionaire He has been shown All the glamorous Extravagance
Starting point is 00:09:25 That these people The hedge fund Have built up And they The time has come The stroke of midnight They show him the contract And they hand them a pen
Starting point is 00:09:38 And they say, Do you have any questions? And the Chinese billionaire Just looks at all of them And he goes, you know I do Because I was, I was mesmerized the amount of wealth that the vice president had and he showed me his yacht. The guy kind of beams with a little bit of pride, the vice president.
Starting point is 00:09:57 And then the Chinese billionaire goes on and he says, I thought that was very extravagant, and albeit ostentatious, a spectacular amount of wealth. Only to be outdone by the president who's three-stantiated. story skyline penthouse with a breathtaking view of the city was even more extravagant. And at that time, I thought to myself, wow, there's a lot of money here, only to be eclipsed by the CEO's mega yacht that looks like an aircraft carrier. And so at this point, the executives are all smiling and they're all happy. And they say, well, I didn't hear a question in there.
Starting point is 00:10:50 and the Chinese billionaire says, well, I've seen your level of extravagance and your yachts and your skylines. My question to you is, where are all your customers yachts? Where are all your customers skyline penthouses? You've shown me nothing of that. All you've shown me is your ability to take money from people like me and give it to yourselves. What do you think about that, Chachi? I know, Mr. Corporate America. I know, I know, it's not very funny when you look at it like that, huh?
Starting point is 00:11:24 But sometimes it takes the wisdom of somebody older than us to paint a picture of what you're doing. Do you understand that? I notice you're not smiling anymore, Chachi. Okay, hang on. Let me just try to throw this one at you. Let me try to sneak up on you this way, okay? There's a, I once heard a story like this. It was a, there's this old bull.
Starting point is 00:11:52 And he is grazing through the grasslands. You know, he has been there 30 years. And he's grazing the grasslands in a nice peaceful, tranquil area. And all of a sudden, this big crane comes and he lands out on the back of the bull. Now, I don't know if you guys have ever seen this, but if you live in the country, you'll sometimes see one of the cranes or like a bird land on the back of the bull or a cow, and they'll eat the bugs off the back of the cow and stuff.
Starting point is 00:12:25 It's actually kind of beautiful. So the bull's grazing and the stork or the crane flies down and he lands on the bull and he's taking the bugs off the bull and eating them and looking down at the grass to see if there's any insects or rodents he can eat. And this goes on for quite some time. And then the bird speaks to the bull as they're passing this giant tree like a 50 foot beautiful. pine tree. The crane looks up at the very top of the tree in a wistful manner and he says to the bull, hey bull, you see that tree there?
Starting point is 00:13:08 When I was a younger bird, I could fly to the top of that tree and I could belt out the song so beautiful that the birds would be crying from miles away. And he just kind of takes a longing pause and the bull's chewing the grass and he goes, know, there's no reason why you can't do that again. And the bird says, well, you know, listen, I'm, I'm not 22 anymore, pal. You know, I, I just, I don't have what I used to have.
Starting point is 00:13:45 I can't fly as fast. My voice is cracking. And just don't have the stamina. And the bull says, no, listen, I, I happen to have a secret to that I can tell you that will allow you to relive your youth. In fact, you could be stronger and better than you've ever been. The bird says, I'm listening. Go ahead. The bull says, well, look, it's going to sound crazy, but I'll tell you, and you decide if you want to do it. Bird says I'm all ears. So then the bull tells the bird, listen, I eat this grass. This grass has a magic quality to it. And as I eat the grass, obviously goes through my system and then I poop it out.
Starting point is 00:14:31 now bird if you eat some of this poop just a little bit every day you will feel yourself getting stronger and better and eventually within a very short amount maybe two days you will be better than you've ever been and you can fly to the top of that tree faster you could sing louder and you will be more radiant than you've ever been in your life the bird is you know he wants to believe it but he's like, I don't want to eat this bull's poop. That's kind of gross. However, after thinking about it, the next day the bird comes back and he takes a little nibble of the cow or the bull's poop, and he takes a little another nibble, and he's
Starting point is 00:15:17 eating quite a big chunk of it today. And he's kind of grossed out about it. But he just eats it for a day, and then the next day, the third day, he flies back, and he feels tremendous. He says, wow, bull. You know, yesterday I ate some of the dung and I feel great. And he goes, wait till tomorrow. You eat this whole stack over here and you wait till tomorrow.
Starting point is 00:15:40 You'll fly to the top of that tree. And so the bird eats the whole chunk. And he comes back the next day. And he says to the bull, I feel, do I look as radiant as I feel? I feel tremendous. My voice is strong. My wings are strong. I can feel the air rushing beneath my wings lifting me.
Starting point is 00:16:01 And the bull says, yeah, I told you. Now, let's see you fly to that. Let's see you do it. Can you do it? And he goes, I know I can. So the bird on the back of the bull pushes off with his feet in a strong burst. And he flies like Steve McQueen on a racetrack to the top of that tree. And he flies to the very tip, tip, tippy top of the branch.
Starting point is 00:16:27 And he stands on there and he bounces. And he looks down to this magnificent. view and he begins to belt out this beautiful song and it's heard just echoing through the branches and it's lifted onto the wind and as the bird is just getting warmed up he's his first intro is just belted out there's a farmer on the other side of the tree that looks up and he sees that bird and he's got his shotgun right there and he lifts up his gun Kappa! He shoots the bird.
Starting point is 00:17:06 Dead pan, straight on in the beak, just blast the bird in the face. Bird falls from the tree, dies. Do you know the moral of that story, Chachi? Are you with me? The moral of that story is that bullshit can get you to the very top. But it can't keep you there. You understand? You see what I mean by that, Chachi?
Starting point is 00:17:36 the level of bullshit that corporate America has thrust upon itself that the board of directors and CEOs have fed to their underlings it may have got you to the top but unfortunately the way the world is now we're all farmers
Starting point is 00:17:58 and you are at the top of this damn tree spewing your garbage and you're surrounded by farmers you get it I think that you, Chachi, the representative of corporate America, you have an opportunity right now to come clean. I don't know if it's going to work. However, if I was the board of directors, if I was the CEO, I would think long and hard about doing the right thing instead of doing things right. Is that not the very definition of the difference between a manager and a leader?
Starting point is 00:18:46 A manager is someone who does things right. A leader is someone who does the right thing. And get it? Now, Chachi, I know this one might hurt a little bit. But I'm sure you're aware of the recent Bayer-Monsanto debacle, the $10 billion payout where they admit no guilt. That seems to be a theme with you, Chachi. you're willing to pay everybody off $10 billion as long as you don't have to admit guilt.
Starting point is 00:19:29 But I want you to think about that. There's no amount of money that can stave off what's coming. And let me tell you about this here. You see, I understand not wanting to admit guilt, right? You've put all this money into this product. You've been selling it for years. People are buying it. You don't want to say it's bad because then you've got to take it off the shelf.
Starting point is 00:19:51 Why not just pay the $10 billion and you'll make up that revenue in a few years, right? Wrong. Wrong. Nothing ever gets better until you admit that something's wrong, Chachi. You understand that? I don't care if you're Chachi corporate America, if you're George Monty or if you're an organization. It doesn't matter. Nothing gets better until you admit that something is wrong.
Starting point is 00:20:20 You understand that? If you don't admit something's wrong, then you don't have to drive to fix it. And clearly, Chachi, everybody can see there's something wrong except you and the board of directors in there. You get it? Things are not going to get better because you fail to admit that there's something wrong. I know. I know. It's not fair.
Starting point is 00:20:53 It's not fair. I get it. You didn't create the whole mess. I know. It was the people before you. but it's kind of like musical chairs Chachi No one knows when the music stops
Starting point is 00:21:08 and it just so happens that as a friend man to man I'm giving you the old tap on the shoulder and saying hey Chachie hey Chachie the music's going to stop I'd start putting my eye on a chair over there
Starting point is 00:21:27 now it's not too often often you get to hear that, especially from a mob of angry people that are telling you, hey, this is your last warning. It's your last warning, corporate America. There's a way out of this, but we have to work together. We have to work together. The last 30, 40, 50 years of privatizing profits and socializing losses. It's just not working for anybody but you, Chachi. It doesn't take a whole lot of a foresight to forecast the potential possibilities of what's about to happen. Right?
Starting point is 00:22:20 If you look at one thing, the Chamber of Commerce, some of your friends, Chachi, and the rest of corporate America have done for a long time is they have brought in a lot of migrant workers from other countries, strictly to undercut the paychecks of the people that are already here working. The truth is, a lot of migrant workers that come into this country probably work harder than the people that are already here. In some ways, that's right, Chachi, that's right. I agree with you there. It's true.
Starting point is 00:22:59 It's very true. And they're willing to work for a lot less because they came from a place where there's a lot less. And you see, in the beginning, at the roundtable, at the board of directors meeting, that sounds fantastic. nominal. These guys will work harder for less money. Yeah. They'll be more productive, producing more profit for us at the top. And they want to do it. That, my friend, I get it. I get that. But here's what you're not factoring in. Those very same people that work harder for less. You know what else they do? So let's just say here in America, sometimes you have people who go on strike. And they go outside your business with a picket sign and say, hey, this guy's unfair labor practices. You shouldn't go here.
Starting point is 00:23:55 And I know, I hear you. I hear you, Chachi. You and your friends sit back in your ivory tower with your nice, you know, tinted windows laughing at those dummies. And then you call your friends in the police force and, hey, can you move these protesters to a quote-unquote protest zone where they're not affecting my business? where they can have their free speech as loud as they want in a parking lot where no one will see them.
Starting point is 00:24:21 Can you just move them over there? And then you guys high-five each other and laugh a little bit more. Because that's pretty funny. But let me tell you what happens when you bring in a lot, hundreds, thousands, or even millions of unskilled workers who work harder for less. You see, those people, they don't show up with a sign, Chachi. See, when they protest, they don't show up with a sign that says,
Starting point is 00:24:46 Hey, this dummy in here is an unfair fat cat. Steels profits that is trying to funnel all the money that's the top for the shareholders. You see, they don't do that. The people you bring in from third world countries that work harder for less, they have a different form of justice. I got your ears, don't I? Okay. You know, I recently read about a factory in India where the manager or
Starting point is 00:25:15 leader, depending on how you want to define that, was pushing the people pretty hard. And the people had enough. And you know what they did? They didn't show up at the place of business with signs, Chachi. They waited for the leader to get in his car with his family. And then they surrounded that car. And they set that car on fire.
Starting point is 00:25:36 And they sat around and cheered. You get it? Chachi? Are you listening to me, Princess? That is what's the one. coming. It's not fair. It's not nice. And it's not right. But that's what's coming. Unless you, corporate America, Chachi, start doing the right thing. You get it? I'm of the opinion that history doesn't repeat itself, but it rhymes. And if you've read your history, Chachi,
Starting point is 00:26:28 what you're seeing is the breakdown in society now. That's what you're seeing. You're seeing the chaos. I think you're seeing a managed chaos. I think what you're seeing is the mass media, the government officials doing everything in their power to divide the people on the bottom, black versus white versus brown versus Indian.
Starting point is 00:27:00 What it is is that the people at the very top desperately trying to divide everyone else So everyone on the bottom doesn't attack the people on the top. This is our let them eat cake moment. Too little too late. I know you're scared, Chachi. Corporate America, you should be very, very scared. There's a lot of innocent people that don't deserve it.
Starting point is 00:27:40 And the people that are going to first get caught up are going to be the middle management. Right? Because the working people, they can't get to the board of directors. They can't get to the CEO. But you know who they can get? to, they're immediate manager. They're immediate supervisors. These people who don't really have any skin in the game, right?
Starting point is 00:28:01 These people, the lower level and middle level management people are people that are doing what they're told to do. These are the people that got A's in school and went to college and have always abided by authority. They think they're doing the right thing. They believe that. that treating people like numbers and trying to squeeze production out of people is something that is necessary. But those poor bastards, those poor people, they don't, either they don't want to understand or they don't understand.
Starting point is 00:28:49 I've spoken to so many people in middle positions and tried to explain to them, Chachi, just like I'm explaining to you, that when, it comes, people know where you live. You get it? The guy that has 10 kids that can't feed his family, he's not going to fly out in New York to the boardroom, but he might come to your house. I had a meeting with six management people a while back. And I explained to them the mindset of the people that I'm talking to all around. It seems to. It seems to. to me. It seems to me that the people in the very top are going to sacrifice those people. The CEOs, the board of the directors, they know no one's coming for them and that the middle level management people are going to be cannon fodder for the masses. I hope, I hope if you
Starting point is 00:30:15 find yourself in a management position or a middle management position, you have the ability to think critically, right? Don't charge blindly with the light of authority and to righteousness. Think about what people at the top are asking you to do. And then think about them. Think about it if it's worth it. That's one thing I want you to do, Chachi corporate America.
Starting point is 00:30:47 Why don't you come clean with your middle managers and just tell them, hey, look, we're taking the profits. You guys take the beatings. Right? I don't, I just don't understand that level of psychopathy. You know, one strategy that I have noticed taking root in this country in the name of production is to give people a number. Think about it. We have social security numbers, employee numbers, phone numbers.
Starting point is 00:31:31 Giving someone a number is a way of dehumanizing them, right? Because you could put down 8, 6, 5, whatever number you decide to put down. When you think of a number, you don't think of humanity. When you think of a number, you don't think of a guy who just got divorced. When you think of a number, you don't think of a guy who just lost a kid. When you think of a number, you don't think of anything that has to do with the relationship between two people. what you do think of is how that number is not where you want it
Starting point is 00:32:13 and let's think about where this idea of numbering people came from you know my dad my grandpa were both marines in fact i have people in my family that have fought almost in every war going all the way back to the birth of this country but you guys remember world war two remember that they rounded a bunch of people up and then they rounded a bunch of people up
Starting point is 00:32:53 and they wrote numbers on their arms as if they were cattle. Remember that? Put a tag on them. Write a tattoo a number on them. Just write it down. Just write it right on their skin. Because these people are here
Starting point is 00:33:10 to help us be productive. Let's just treat them like animals. But again, Chachi, this is where I get back to it, pal. If you treat people like animals, how are they going to act? Is that what you want? you want to dehumanize people and treat them like animals?
Starting point is 00:33:32 Well, my friend, I hope you have a nice place to hide. Because you're digging a ditch in which you will never get out of. And not only are you digging the ditch for you, but you're digging the ditch for everybody like you. There's still time. There's plenty of time. You know, every corporation should be paying the freedom dividend.
Starting point is 00:34:03 Every American should be getting a paycheck, a portion of the profits from every single company. This is America. This is our country. It's not the corporations country, Chachi. Could you imagine if everybody had skin in the game? Hey, let's all have a little profit sharing. Did everybody get a check?
Starting point is 00:34:28 Did everybody get a check from the government from Donald Trump to help out during coronavirus? I got one. And it makes me think, like first off, thanks for sending that. But it makes me think, why can't we always get that? In fact, we should be getting that every month. Where does that money come from? You just print that money? Okay.
Starting point is 00:34:49 Well, if you're just going to print it, why do I got to pay taxes? Why don't you just print my tax share? Oh, I see, Chachi. You can print money for your bonuses. You can print money for all your friends at the Bank of International Settlements. You could print all your money. for all your friends, for all your bonuses, right? But when it comes to the very people that have made this country great,
Starting point is 00:35:13 you can't print money for them. We need to rethink this. We need to rethink this. I think there's a few paths we can go down. And when I look at it from the angle that you do, Chachi, that doesn't end well. Not at all. There is a better way.
Starting point is 00:35:48 And we should focus on that. way. That's a pathway of critical thinking that leads to enlightenment. That's the pathway that you walk down and you start to see things getting better. It's the pathway that ultimately is going to lead to the same destination as the other. And just so everybody knows, the final destination is going to be glorious. It's just a matter of how we get there. I read a book recently. about deflation, the coming deflation, and how technology is creating abundance. And it seems to me that's what all this hubbub.
Starting point is 00:36:41 That's what all this is about is that there's enough for everybody. You think this would be a time to celebrate a new golden age, a new golden era. I'm talking on a phone that's worth $3,000, but a few years back, it was probably worth $10. And a few years before that, it was probably worth 20. There's more technology in this phone that was in the dang space shuttle.
Starting point is 00:37:06 You see, technology makes everything cheaper. I can talk on a phone at my house, start a podcast, start a YouTube channel, and reach 100,000 people. And I can do it all online. And I can begin it in a day. I can store my information on a hosting site. I can edit I can edit all my stuff on my phone
Starting point is 00:37:35 do you know why that's important Chachi because we don't need 80% of the stuff that's out there we don't need corporations that specialize in editing that specializing this and specialize in that we need a little bit of those people
Starting point is 00:37:51 but the technology is not only making it more abundant it's making it easier to use for someone with a high school education who can come out and do the technological leg work or the put together a project that used to take a team of people to do in multiple countries now one person can do all that in a day in a day and we have abundance now i just drove past on my way to work there's this there's a stadium and you know what's at that stadium thousands of new cars just sitting there you know why there's thousands of new cars sitting there
Starting point is 00:38:31 because they got nowhere to put them. They're bringing in cars. They can't even sell them. There's an abundance of cars. Brand new ones, no one's driving. How much is that car worth the longer it sits on that lot? How many silver Lincoln navigators
Starting point is 00:38:50 can a community of a million people buy? Right? Everybody knows that a car devalues the second you drive it off the lot. How long does it devalue sitting on the lot? You get it? Did you guys see the farmers and stuff throwing out milk and killing cows and pigs? Think about that.
Starting point is 00:39:23 We have so much. We got to kill it. We got all this stuff. We got to kill it all. Why? Because if we don't kill all these pigs, if we would have thrown out all this milk, it's going to drive the price down. We have all these cars. We've got to do something.
Starting point is 00:39:40 It's going to drive the price down. We're not going to make the same profit we made last year. You get it? Everything is going to be cheaper. deflation is coming. That is going to be glorious. If you are a working person, if you get up, you go to work every day,
Starting point is 00:40:04 and you wish you could spend more time with your family, then deflation is glorious. If you're an institutional banker, not so glorious. If you're a multinational corporation, deflation is like the F word. You don't want to hear that. You're not going to make as much profit.
Starting point is 00:40:24 You know what that means? less jets, less boats, less billionaire islands, less being able to look down your nose at people and tell people how much greater you are than them. Deflation is like all the air being let out of the ego of corporate America. And that's why you see so much chaos in the streets. They don't want it.
Starting point is 00:41:01 No, we need more. We must have more. Chachi, this is the wrong way, buddy. You sound like a four-year-old who wants more and a screaming life ain't fair. We, all of us, have worked our butts off to get where we are today. All of us, all of us, all of us, all of us. Whether you work at a McDonald's or whether you work as a CEO, you are the same person. Comprinde, Amigo.
Starting point is 00:41:41 You may think you're more important when you sit on a nice oak table and you tell people what to do, but you're not. You're not more important. In fact, if you're stealing the profits from the very people you claim to lead, you're worse.
Starting point is 00:42:00 You're worse than that. Wake up. The people next to you, that's you. Whenever you see a homeless person on the street, that's you. You get it? That's the homeless. part of yourself. When you pass by somebody that doesn't have what you have, stop and look at that person because that person can tell you a story of what you are lacking. When you drive by
Starting point is 00:42:22 a part of town that's in squalor, think for a minute. That's cancer on our society. How can we possibly move forward without fixing that? Why can we rebuild schools in Afghanistan five times and people in Michigan can't have clean drinking water? Why? Why can we fly a 747 filled with unmarked $100 bills and give it to Iran? Why can't we just fly one to every city? Why can't we just fly a Cessna to every city and unload a few stacks of hundreds to everybody? Why not? Because our senators, our congressmen, our leaders, our business executives, they don't profit from that.
Starting point is 00:43:17 Why would they want to do that? They don't get any, they don't get to go to a foreign country and hobnob with exotic people and eat exotic food and have people there look at them like gods. That's what people in positions of authority want to be treated as. I'm not saying all of them, Chachi, but most of them. This idea of greed is cancer. And there's good news and bad news. The good news is we're going to treat the cancer. The bad news is it's going to hurt
Starting point is 00:43:58 It's going to hurt So Chachi in closing I hope that you make a decision To do the right thing Because technically you're still in charge You still got the boardroom You still got the jets, you still got the boats But for how long
Starting point is 00:44:26 How long, Corporate America? I think you need to refocus your values For a long time Corporate America has been able to cut regulations, increased profits, using some sort of ridiculous rhetoric
Starting point is 00:44:54 about uniting the world through business, I get it. I get it. And I think you guys get it too. It's not going to work. That's what I get. What kind of a free trade agreement is like 5,000 pages. A free trade agreement should be like a handshake.
Starting point is 00:45:17 Hey, let's trade for free. Right? A free trade agreement shouldn't be 5,000 pages that have stipulations and footnotes and ambiguous language about what can and can happen. That's not free trade. That's a contract. I love you guys and I love our country. And I love a lot of the businesses that we participate in. I love a lot of the products that we make.
Starting point is 00:46:03 What I don't love is how people get treated. I don't love how the guy making the product or the woman making the product gets treated as if they are a product. Some of you may have seen this. I saw a while back, it was this documentary, and they were talking about this woman in India, you know, in Bangladesh that made like a penny a day. And she was making some sort of furniture.
Starting point is 00:46:39 You know, she was making the leg of the furniture. and she'd make a penny a day. And they flew this, they flew this woman out here. They showed the, where she lived and where she worked, and it was disheartening, to say the least. And they flew her out here,
Starting point is 00:46:54 and they showed her the store where that product was being sold for like $65. Dude, you see the woman's face just instantaneously break. Not just her face, not just her emotions break, but her, spirit. Like part of her died and just, bah, tears. And, you know, if you look closely at the
Starting point is 00:47:21 tears, you could see the reflection of her children and her parents that have died and all the disease in her country. And so the person making the documentary and the woman, they go to the, they go to some of the board of directors. And they say this, this woman makes a penny a day. You're selling this thing for $65. Do you think maybe you could give her another penny? And just maybe give everybody working there one more penny. That would double her income. It would make a world of difference.
Starting point is 00:48:01 You know what this dummy said? Try to think what this dummy said. This dummy said, I'm trying to figure out how to pay her a penny less. You know who that dummy was? That dummy was chachi, corporate America. It can't go on. It can't go on. Look at the airlines. I like flying places. You guys like flying places? Yeah, it's awesome. I love flying places. However, the airline strategy over the last few years has been the same as the rest of corporate America's strategy over the last few years. And that is to buy back their own stock. Think about that. They buy back their own stock. They inflate the price of their stock with their own. own money and then they get the people that own shares get a dividend or their stock price goes up. That's the worst financial strategy on the planet. It's a freaking Ponzi scheme, right?
Starting point is 00:49:13 But it gets better because all these corporations just now, they all just got a huge bailout. Another one. They got another bailout. Are you kidding me? Billions and billions and billions and billions of dollars and our government won't even tell us who got the money. But I'll tell you, all of them, you think your politician voted against this? You're wrong. It was unanimous. I don't care what state you're in, who your senator is or who your congressman is or what ideas they pretend to talk about.
Starting point is 00:49:47 You know what they care about? Corporate America. They don't care about you. Oh, look at this guy's hands. He has blisters. Don't listen to him. So our government. just gave all the corporations a big bailout.
Starting point is 00:50:01 The corporations took all the money they gave them and they put that money into their stock and then the CEOs retired because their stock options, their retirement is tied to the price of the stock. Last year, 10-fold times, like 10 times as many CEOs retired last year as they did in previous years. You think they didn't see this coming?
Starting point is 00:50:25 All this talk of people buying bunker and economic and all this talk of like global warming and all this talk of our planet being in trouble and people are they're buying bunkers because they're afraid of the the climate you know they're talking about they're talking about the economic climate and you see it happening all over the world people are rising up whether it's the arab spring whether it's the yellow vests and France, whether it's the students in Hong Kong or the people all over our country now. What do they all have in common? What do they all have in common?
Starting point is 00:51:17 You know what it is? All the resources have been sucked out of places and funneled right to the very top. Technology has made that transparent. The very force that has made people able to rule the world and tilted in their favor for so long, is the same technology that's now evening the playing board. And those people that stole from everyone are getting scared. They're running. They're hiding.
Starting point is 00:51:47 They're paying people off. But it's not enough. It's not enough. Someone has to go to jail. You get it? I'm not calling for violence, anything like that. What I'm calling for is justice. Someone, someone has to pay the penalty.
Starting point is 00:52:09 Some people at the top who have stole from so many people, they got to face justice. I don't know what their penalties should be, but there needs to be a trial. And if there is not, if it is not done the right way, then it'll be done the wrong way. You know what I mean by that? A little bit ago, I talked about history and how it doesn't repeat, but it rhymes. If we do not put people from Wall Street or politicians, if we don't try this, these people in a court of law with a jury of working people, if you don't do this soon and now, then you're going to start to have show trials. You guys know what show trials are?
Starting point is 00:52:53 Show trials are the appearance of a trial. Show trials are what Bain did on Batman. Remember that? We started bringing in all these people and he's like, you're guilty of stealing and you've got to go walk on this thin ice and you're going to die. That is coming. I don't know if you guys had to do. seen the Weinstein brothers on Joe Rogan, but that's what that guy was talking about. Right? Think about this. What happens if this cop, what happens if this cop who murdered George Floyd gets off? What happens? You know what happens. I know what happens. That guy's a murderer. You killed that. You killed, you killed George Floyd. That guy should be in prison. I think he should get a trial by people and get a fair shake.
Starting point is 00:53:56 And I think if he sat down at a trial, then he would obviously, in my opinion, I think that there's no way he can get out of it. If you have a trial of jurors and they see the footage there, that guy murdered him. He murdered George Floyd. Okay, but who murdered more people? This guy that killed George Floyd or some guy on Wall Street who is still billions of dollars from all of America? Where's that guy's trial?
Starting point is 00:54:25 How about our leaders that stand up and talk about fighting corruption, but then just go in the back room and start signing deals? What about those guys? Where is the justice for them? Where is the justice for the people that get into politics and then make money as a lobbyist later? Do you think some of those guys should be on trial? I think we have laws for domestic terrorism, right?
Starting point is 00:54:55 Why is it that the Patriot Act is being used against regular Americans? I mean, it's so funny how they name the law sometimes. Like, this is the Patriot Act. But it seems like the Patriot Act puts Patriots in jail. I think we could change it. Like, the Patriot Act could be used to put domestic terrorists in prison. And how do you define domestic terrorism?
Starting point is 00:55:25 Well, domestic terrorism could be people that are of this country that make a conscious decision to do ill will towards regular working people that can't defend themselves. You know, one could actually look at the CEO's job description. And while it doesn't exactly say that, you could point to a lot of evidence that shows that. There's a lot of smart people out there that. that are just regular people. And my friends at the top of corporate America, you don't get it, man.
Starting point is 00:56:08 You either got to police yourselves or justice is coming. I love you guys, man. I love all of my countrymen and women. But times they are a changing. You see what's happening. You see these riots. You see the face of America changing.
Starting point is 00:56:31 You know, I think Christopher Ryan wrote a book that is talks about, in part of the book, it talks about grasshoppers. Now grasshoppers, right, we've all caught. Remember when you're a little boy and you go to the field and you catch a grasshopper and like, whoa, look at this thing. It's amazing. Sometimes we've got in the field and there'd be like a lot of them. There'd be a hundred of them. They're all over the place. However, the grasshopper is like the working man.
Starting point is 00:56:59 by itself the grasshopper is harmless it goes in and it eats some of the it takes away some of the stuff from the field it does its job in the grasslands it helps the environment however there comes a point and i forgot what the number is however when grasshoppers start coagulating in one spot they hit a critical mass I think that number is like a hundred thousand. You know, and no one knows why they do this, but they just do it. All of a sudden, grasshoppers, they start swarming. And when that swarm reaches a critical mass, when it reaches a certain number, the grasshopper changes it, physically changes into a locust.
Starting point is 00:57:58 And those locusts swarm upon the field. They swarm upon the animals. They swarm upon the planet. And they cause destruction and chaos. And they eat everything in its way. They physically change their structure. Not just the way they think, but their structure. And again, the working man, the masses are like that.
Starting point is 00:58:25 You get it? Corporate America? Do you understand this corporate America? The grass fields are your fields of profit. You're maintaining these fields. you think you're this shepherd. But the, once mankind, once all the working people across the world, they get together, they're going to change.
Starting point is 00:58:44 And they're coming and they're going to wipe out everything you think you own, everything you thought you built. You're going to learn really quick. You didn't build anything. You have nothing. That's what's happening. Right? When the grasshoppers hit 100,000 or whatever that number is, they physically change and they swarm.
Starting point is 00:59:03 Working people have been alien. but now they are coming together and they're beginning to swarm and there's nowhere you can hide you can't run you can't hide all your profits all your money pumping all your political scheming and all your your ideas of this race is better than this race your objects of division all your social science your edward bernays all of it your marketing your k street All of it. None of it's going to work. None of it. Zero. Zilch. People and authority. Politicians, business leaders, this is your opportunity to stop the swarm. But you have to give up a large percentage of what you're doing. Even the playing field. Take it back to basics. Hey, there has to be a way for you to give the people working under you more. control of the company. You have to give the people working under you more of the profits. And don't give me this BS about not being able to retain talent. Please, people work hard
Starting point is 01:00:23 because they want to be in a position where they make change, not dollars, change. Get it? The best will always rise if we give them something to rise to. But the swarm is coming. turn on your TV you should first off you guys we should all turn off our TV but if you want to see what's happening look at it
Starting point is 01:00:50 the swarm is coming but that was an analogy that I wanted to talk about I love you guys I want us to work together I want us to be better and I want us to see things from each other's point of view
Starting point is 01:01:14 so thank you for taking time to listen to this Chachi my good corporate America friends top of the food chain, Ivy League, Shati. I hope you think about this, pal. And when you're ready to talk,
Starting point is 01:01:40 come on back into my office. I'll have some crumb cake for you.

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